Tesla's (TSLA) shares rose more than 1% in recent premarket activity Thursday ahead of its Cybercab event in Austin, Texas.
According to an X post of Cybercab engineer Eric Earley, the event will begin at 5:45 pm ET this Thursday, adding that the rest of the details will be released to guests on the morning of.
There are 420 autonomous Tesla vehicles registered in Texas as of Wednesday evening, as per the Texas Department of Motor Vehicles.
The two-seat Cybercab, which has butterfly doors and no steering wheel or pedals, is Tesla's first vehicle designed specifically for autonomous driving, media outlets reported.
Price: $363.84, Change: $+6.77, Percent Change: +1.90%